Current Investigations

Securities law firm Carmel, Milazzo & DiChiara LLP (CMD) is investigating claims against K.C. Ward Financial and Craig David Dima for unauthorized trading and failure to supervise. As reported by FINRA, Craig David Dima, a former K.C. Ward Financial registered rep, allegedly sold off almost all the holdings of one of his 73-year-old retired clients […]

Securities law firm Carmel, Milazzo & DiChiara LLP (CMD) is investigating claims against stock broker John Kakonikos for churning, excessive trading, unauthorized trading and unsuitable recommendations. According to Mr. Kakonikos’ FINRA BrokerCheck, he has been the subject of at least five (5) customer complaints while registered with Southeast Investments and Caldwell International Securities. According to FINRA, Mr. Kakonikos engaged […]

Securities law firm Carmel, Milazzo & DiChiara LLP (CMD) is investigating claims against Stuart Graham Dickinson and WFG Investments, Inc. for fraud, failure to supervise and unsuitable investments into limited partnerships. According to Mr. Dickinson’s FINRA BrokerCheck, he has been the subject of at least two (2) customer complaints and two (2) regulatory investigations. According to […]

Securities law firm Carmel, Milazzo & DiChiara LLP (CMD) is investigating claims against stock broker John E. Burns for unsuitable recommendation and unauthorized trading. According to Mr. Burns’ FINRA BrokerCheck, he has been the subject of at least six (6) customer complaints. According to FINRA, John Burns, while registered with SagePoint Financial and Ameriprise Financial, engaged […]

Securities law firm Carmel, Milazzo & DiChiara LLP (CMD) is investigating claims against Dougherty & Company LLC for failure to supervise, unsuitability and unauthorized trading. According to FINRA, Dougherty & Company LLC was censured, fined $140,000 and required to pay $78,910 in restitution to a customer. According to FINRA, for more than four years, Dougherty & Company […]

Securities law firm Carmel, Milazzo & DiChiara LLP (CMD) is investigating claims against VFG Securities and securities broker Jason Bryce Vanclef for over-concentration and failure to supervise in in connection with the recommendation and sale of illiquid alternative investments, such as non-traded direct participation programs (DPPs) and non-traded real estate investment trusts (REITs). According to […]

Securities law firm Carmel, Milazzo & DiChiara LLP (CMD) is investigating claims on behalf of investors who own or purchased shares of United Development Funding IV (Nasdaq: UDF). The Securities and Exchange Commission (SEC) has issued a Wells notice against UDF, an indication that SEC staff has made a preliminary determination to possibly recommend an […]